We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

The die has been cast with the probability of a ratings downgrade early in 2018 now seemingly high. Hopes have been pinned on an economic saviour emerging from the ANC’s national elective conference, but First National Bank chief economist Mamello Matikinca cautioned that "irrespective of who is nominated, SA’s fiscal metrics remain dire and the probability of a Moody’s downgrade high". The economic data scheduled for publishing this week is expected to be overshadowed by the markets absorbing the outcome of the ANC elective conference, which started at the weekend and will run through to Thursday.

The Reserve Bank’s business cycle indicator for October will be published on Monday and Statistics SA will publish tourism figures for October on Tuesday, rounding off a year of economic data. Tumisho Grater, economic strategist at Novare Actuaries and Consultants, said there was marginal improvement in economic growth and activity in particularly the retail sector in the second hal...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.